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They are already Public Co
Notore - were/are one of OML18 best gas customers - According to a statement filed with the Nigerian Exchange Limited, the Group Chief Legal Officer/Company Secretary, Otivbo Saleh, said that the appointment will be until the completion of the company’s private placement transaction.
https://punchng.com/notore-appoints-chairman-after-three-years/
Totally agree Alaric, only the trolls get shareholders posts taken down as they want to post propaganda to damage the company those have investments in.
Come on Fanning get your wheeler dealer hat on - everything is possible even buying a Nigerian oil business off the Chinese!
The British independent energy company said it signed separate share purchase agreements (SPAs) with Sinopec International Petroleum Exploration and Production Corporation (SIPC), a subsidiary of Chinese energy giant Sinopec Group, and Jagal Ventures Limited for the acquisition.
https://businessday.ng/energy/article/savannah-energy-to-buy-nigerian-unit-of-chinas-sinopec/
BS desperate :-)
Alaric - Absolute Rubbish!
My weekly reminder that none of the trolls holds any stock in San Leon Energy. whilst occasionally i can occasionally be over exuberant about my holding here i can assure readers that i wouldn't be holding unless i completely trusted the management and the investment case. if one doesn't hold any stock, the only plausible explanation for posting negatively is that you're employed by a long/short fund and part of your job description is to post negatively about stocks the fund is running a short on. ignoring the criminal illegality of such behaviour you should ask yourselves whether you trust professionally employed dissemblers more than a long term shareholder who has met the management on a number of occasions and has done deep research on the investment case.
To dream? Bank holiday weekend in the UK next. What are the chances of an RNS before then? It'd be nice to see things tied up before that happens. Then we've only got 3 to 4 months to wait for accounts to be published and relisting to happen. Assuming the world doesn't get cold feet and walk off, deserting SLE. And our dreams. Chinchin.
Alaric old fellow, much of this thread is about the poorest of company one can possibly keep, the one that is so obnoxious that his posts keep getting removed.
Again another hypocritical statement from you, the poster many would consider the second worst company to keep.
Thick as thieves you two are, in every sense of the word.
Extremely unlikely Naibob. one of your many problems is that you keep very poor company, mostly the worst trolls on this board. and i'm sure you know what they say about judging someone by the company he keeps.
Looks like I struck a nerve you are truly pathetic you non vested trolls ....no matter though .!
Indeed CJ, and that is exactly why the ever-present company PR team are doing everything they can to stifle the opinions and the research that is posted on this website.
It's blatantly obvious that this is possibly the last chance for San Leon Energy and could be the end of the line for the Oisin Fanning gravy train. The new deal is not signed. Tri Asset Management reneged at the last minute for good reason. Due diligence is yet to be finalised I would suspect.
Let's consider what a potential lender/investor of a substantial three figure $millions should require in assurance with respect of a company that has been suspended from AIM and by it's own admission, it is being pursued by creditors, as is the company Eli in which it has substantially invested and promises more.
I would insist on up to date audited accounts before I parted with a cent. Furthermore, I would have my own accountants vet the unaudited 2023 Accounts. Otherwise you'd end up possibly like Tri Ri, possibly spotting something which you should have known earlier very late in the day.
Don't be pathetic Alaric, there is nothing fraudulent in Nailbobs post You are desperate, scraping the barrel of threats, aren't you indeed? So transparently a worried company man.
The irony is Sam245 spent two weeks trying his hardest to crush free speech with legal threats that wouldn't stand a cat in hell chance in court, he fails miserably, then has his own free speech snatched away. A result you would be wise to learn from.
I think you know that’s not the case Alaric, my history here proves just that. I would suggest 40 odd posts in 8 years would suggest pretty poor trolling and confirm my position as a fairly disgruntled LTH…others can make up their minds on the genuineness of posters on this forum and whether they take the posts of those who research their subject well as posting defamatory posts (ha, do me a favour!) or whether, dare I say, those who continued to airbrush over the ongoing issues (TRAM money obviously still being held up by US regulatory checks….please) as who is disingenuous.
Frankly in a suspended share it’s all nonsense anyway…
The big problem is alarik that you’re an out and out troll, who like all the others only post on San Leon and positivity (bit of a giveaway that if you don't mind my saying :-).
lol alarik we dont mind you showing yerself up fur what you are. an untrustwurthy hypocrite.
The big problem is Naibob that you’re an out and out troll, who like all the others only post on San Leon and negatively (bit of a giveaway that if you don't mind my saying :-). by all means report Sam but you’re wasting your time as his posting isn't defamatory. you might do better in terms of puerile posting to focus on Afake or Junkie for example. that's all other than to say your posting is transparently fraudulent.
I reported your posts Sam and I’m a shareholder. I call out abusive postings when I see them and your puerile aggression has no place on boards frequented by supposed grown ups. (Plus having to read your semi-literate attempts at intelligible riposte hurts my delicate sensitivities)
Not trustworthy!! 00 junkie and pals...why would those who hold no investment here yet post company defamation complain to lse to get shareholders posts who call them out for what
they are removed.... Not trustworthy eh!.. maybe they should look in the mirror to see who the untrustworthy are looking back at them..
The timing of this RNS explains the idle legal threats and pathetic bullying from the corporate ramping trolls, another attempt to silence free speech. They were so obviously worried that the potential lenders would pick up on the opinions and concerns of the genuine shareholders posting here.
Professional rampers are transparent and easily spotted with never a bad word about their paymaster's constant failures, which implies that they are not shareholders and certainly not trustworthy.
No response from BS to my riposte i see and he moves quickly onto another topic but why? it's because he can't answer the unanswerable. that's another clue to his struthian nature (he'll need to look that up) and why you can't trust anything he says. that goes for all the other trolls btw because they're just as bad. time to man-up BS?
As with all SLE communications, what is left out is infinitely more interesting than what's disclosed.
For instance, the much hailed barging operation to the Eli Akaso.
Eroton, when it was Operator, commenced barging operations in May 2022, transferring 5 cargoes up to Sepember 2022 from Cawthorne into the MT Ramaha.
In August that year, Eroton gained 'ship to ship' transfer approval relating to the 'mother ship'. So those cargoes were tranferred to the 'mother ship', MT Sea Pearl, ready for onward transmission to the Eli Akaso.
And then nothing...no information whatsoever. The MT Sea Pearl remains anchored in the Bonny Channel.
However, in July 2023 it was reported in the Nigerian media, that a judgement for an unpaid debt was filed against Eli and in August 2023 an attempt by a Sheriff and accompanying police to take possession of the Eli Akaso was repulsed by armed men.
Now SLE is saying that barging operations will BEGIN in a few weeks time.
What's my take on this? It has never been reported that Eroton had gained 'ship to ship' approval from the 'mother ship' to the Eli Akaso. In light of what is reported to have happened in 2023, will the permits be in place to do the final transfers? As NNPCL is now the Operator, if it backs the whole ACOES project, then this may be possible.
If not.........
Sle not sale FFS..
imo it will be a huge revenue stream for sale which means it's shareholders not ***** trolls
Https://punchng.com/nnpcl-rallies-efcc-to-tackle-oil-theft/
Let's hope Eli investment will be the game changer we all desperately need.